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Research undercuts Fed`s two favorite U.S. inflation tools

The Federal Reserve building is seen in Washington June 19, 2012. REUTERS/Yuri Gripas Two tools that the Federal Reserve heavily relies upon to predict U.S. inflation in fact provide little practical help, and the Fed would be wise to only modestly overshoot i... More »

Bond selloff a wild card that could delay Fed rate hike

NEW YORK The sharp bond market selloff is starting to pinch American consumers and companies, causing a mild economic tightening that, if sustained, could raise alarms at the Federal Reserve and even delay a plan to hike interest rates in coming months. U.S. m... More »